Leonard Gumport has conducted internal investigations on behalf of public and private entities, including government entities and bankruptcy estates.
Below are descriptions of several investigative matters, which are not (and are not intended to be) representative of all investigative matters handled by Mr. Gumport during 1979-2018. All matters described were handled by Mr. Gumport before the start of Gumport Law Firm, PC on November 1, 2018.
An instrumentality of the United States of America obtained an decree appointing a receiver over an ownership interest in a card casino in Los Angeles County. At the request of the receiver, Mr. Gumport conducted an investigation and submitted a report to the receiver concerning transactions involving former management of the casino.
Mr. Gumport served as bankruptcy examiner of Newedge, a California-based company that owned Edgington Oil Company, and was an affiliate of international arms dealer Adnan Khashoggi. Working with a forensic accounting firm, Mr. Gumport prepared and submitted an examiner’s report on the withdrawal of $89 million from Edgington by its affiliates and other transactions involving the Triad-named affiliates of Mr. Khashoggi.
Mr. Gumport was bankruptcy trustee and counsel in a bankruptcy case involving a videotape-manufacturing company and an alleged scheme by the debtor’s principal to rig the sale of the bankruptcy estate’s assets and to divert funds through off-shore accounts. A Ninth Circuit opinion arising out of that case, involving allegations of fraud on the court by the debtor’s principal, is Gumport v. China International Trust and Investment Corp. (In re Intermagnetics American, Inc.), 926 F.2d 912 (9th Cir. 1991).
Mr. Gumport was bankruptcy counsel to the trustee of the consolidated bankruptcy estates of Bruce P. McNall and various of his affiliates. McNall pleaded guilty to defrauding multiple banks of more than $100 million. Mr. Gumport represented the trustee in connection with his investigation of various transactions by McNall and his affiliates, and in connection with subsequent litigation. Those transactions included the pre-bankruptcy transfer by a McNall affiliate of an ownership interest in the L.A. Kings hockey franchise.
In the Fremont General Corp. bankruptcy case, Mr. Gumport served as examiner of the holding company of a major subprime lender. The subject of the investigation was alleged misconduct in connection with $175 million in claims filed against the bankruptcy estate. In the Dominguez case, Mr. Gumport served as examiner of a San Bernardino real estate developer.
Mr. Gumport conducted an investigation concerning alleged misconduct involving contracts and leases of the County of San Bernardino; subsequent to that investigation, he served as co-lead trial counsel with County Counsel in litigation concerning those contracts and leases. In that case and others, he also worked with forensic accountants. The California Court of Appeals’ decision on appeal from the judgment following the multi-week trial of that matter is County of San Bernardino v. Walsh, 158 Cal. App. 4th 533 (2008).
Mr. Gumport conducted an internal investigation on behalf of an Alaskan Native Corporation concerning allegedly improper transactions by its former management. He also conducted an internal investigation on behalf of a public entity in Riverside, the March Joint Powers Authority, concerning representations made to the public about a planned flight path for DHL aircraft at the March Air Force Base. On behalf of a French parent company, he conducted an investigation of alleged self-dealing by the chief executive officer of a California affiliate.
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